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In Europe, competitors in the market of algal biofuel do not benefit from the same support. A French company called Fermentalg is developing microalgal production following a heterotrophic pathway, like Solazyme. Although the first batches of biofuel produced by Fermentalg have been successfully tested on cars, the third round of financing covered only EUR12 million, a much lower level than the funding available to Solazyme or Sapphire Energy Inc. at the same stage. Study in support of Impact Assessment work on Blue Biotechnology 97

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